If they sell of ur loan by end of the month, u get no dividend but they will earn interest.

I cancelled mine on 24/1. Call CS just now and said they just keyed in on 31/1. Why keyed in 7 days later where u can just keyed in on the same day.

Keyed into system and no action yet taken. But the CS told me in her experience usually if already keyed in, in 3 weeks will terminate, so she say just call around 25 february onwards should have cancelled by then.

But I end up rugi my dividend for february as no dividend for february since they sold my cert on 25.2.2019 but they will still calculate interest which is rm28 x 25 = rm700.

If im the bank ‘since im not gonna earn interest from u so just let u pay more interest and terminate right before month end’

Same goes to my asb disbursement. I sign the loan application and ‘the start date in the system’ showed 10.1.2013. However, money disbused to PNB on 5.2.2013. However my sister signed and the ‘start date in the system’ on 25.1.2013 (15 days) later than mine but still start date 5.2.2013.

They try to earn as much interest. BNM should have regulate this matter for ASBF the interest calc should start from the day where the ASBf would benefit the owner not the bank.

Let’s see if my loan was terminated before 28.2.2019 im gonna make complaint to bank negara.

In the first place why u key in into system on 31.1.2019 where i have submitted my termination form on 9.20am 23.1.2019.

Ohh good to know they reimburst back the Feb Installment.
Was very mad with the agent of Bank rimau said it only take 3 week to settle all, hence no Feb installment (and yet they auto debit siap2 ) and maybe Mar also they auto debit.

BTW how much u get from takaful? is it significant amount?

That's a very healthy takaful amount.  
The loan you canceled is already how many years? 5 years?

I believe for Jan, they must zero-ed out the asb amount first before other bank can reinvest. Dont you think so?

so i guess, your lowest balance is 0 for Jan. correct or not?
:confused:

Thank you for your clarification.
Until now my termination process is not settle. And the bank staff pile more and more lies telling why my process is slow. Really fed up now

Asked the rimau staff, got replied my application is in KL. I cant really understand why my application end up in KL branch. I did my termination process in Sg Petani branch.

BTW is it true though?

Not yet. Those who signed up with the old rate will enjoy new lowered rates soon

HLB Base Rate (BR): 4.13% w.e.f 10/01/2019

HLB reference rates

Reference Rate
Islamic Financing Rate (IFR): 6.89% w.e.f. 15/05/2019

Islamic Base Rate (IBR): 3.88% w.e.f 15/05/2019
Kuala Lumpur Interbank Offered Rates (KLIBOR): 3.46%
3-mth KLIBOR based on previous business day.